Balance Sheet

A balance sheet reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders.

  1. How to view Balance Sheet Report?

How to view Balance Sheet Report?

In the Account Reports menu, select Balance Sheet.
a) View Data.

1. Select As on Date.
2. Select Group Level.
3. Then Click Report.

b) Report:
Demo Company
Balance Sheet
As on Date : 15/07/2018
Particulars Amount
Current Assets
Account Receivables 90,268.00
Stock-in-Hand 9,28,126.00
Cash-at-Bank 53,87,900.00
Cash-in-Hand 13,75,259.00
Other Receivables 1,00,000.00
Sub Total : 78,81,553.00
Non Current Assets
Fixtures and Fittings 3,00,500.00
Office Equipment 1,71,500.00
Sub Total : 4,72,000.00
Summary for Assets : 83,53,553.00
Current Liabilities
Account Payables 12,72,652.00
VAT Payable 4,748.50
Sub Total : 12,77,400.50
Non Current Liabilities
Less: Payables Non Current 9,000.00
Opening Profit & Loss Account 0.00
Less: Profit & Loss Account 5,01,947.50
Capital Account 69,81,500.00
Sub Total : 64,79,552.50
Summary for Liabilities : 77,47,953.00